Why is IMEC Services falling/rising?

As of 27-Jun, IMEC Services Ltd is experiencing a price increase, with its current price at Rs. 104.93, reflecting a change of 2.05 (1.99%) upward. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 20 days, yielding a remarkable 47.79% return during this period. Over the past year, the stock has delivered an astonishing 1333.47% return, significantly outperforming the BSE 500 index in both the long and short term. The company has also reported outstanding financial results, including a net profit growth of 2685.23% and positive results for the last two consecutive quarters, which have contributed to the stock's upward momentum.
In the broader market context, IMEC Services has outperformed the Sensex, which has only increased by 2.00% over the past week, while IMEC's stock has surged by 10.37% in the same timeframe. Despite this strong performance, there has been a notable decline in investor participation, with delivery volume falling by 82.15% against the 5-day average, indicating a potential concern regarding liquidity. However, the stock remains liquid enough for trading, as it is based on 2% of the 5-day average traded value. Overall, the combination of strong financial results and significant price gains has driven the stock higher, even as some indicators suggest a decrease in trading activity.